The WTI Crude Oil market rallied on Friday, breaking the top of the hammer that formed on Thursday, which of course bounced off the psychologically important $50 level.
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The S&P 500 continues to show resiliency, as we rallied during the day on Friday. If the S&P 500 looks bullish, the NASDAQ 100 looks absolutely spectacular.
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Gold prices rose $9.91 an ounce on Friday, up for the sixth straight session to $1303.29, as a softer dollar lured investors back into the market.
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The EUR/USD pair tried to rally initially on Thursday, but then turned around to form a slightly negative candle.
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The WTI Crude Oil market fell significantly during the day on Thursday, testing the $50 level for support. The natural gas market broke higher during the Thursday session, slamming into the $3.00 level.
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The US dollar fell during the session on Thursday, reaching towards the 112 level and finding support.
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The S&P 500 fell slightly during the session on Thursday, but found support just below the 2550 handle.
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